CoinGlass: Exchanges see funds flowing back in, but leverage ratios remain low; the market is in a post-deleveraging environment awaiting a trigger.

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According to TechFlow TechFlow, on February 10th, CoinGlass posted on social media that exchange data shows funds are flowing back in, but leverage ratios have not yet followed suit. Binance is showing strong inflows of funds and increased trading volume; however, the average leverage ratio remains low. This indicates that the current market is not a trend-driven market, but rather an environment awaiting a trigger after deleveraging.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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